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Oasis City represents the world in virtual reality. The platform derives its name from the science fiction novel, “Ready Player One”, which involves a VR world by the name The Oasis. You can access this virtual world by wearing specialized equipment. The Oasis City platform is built using a balance of hardware and software development. We expect it to be able to realistically represent a VR world that transcends physical space. The platform has unlimited potential and the practical uses are endless. It will soon become a part of our lives. The content of the Oasis City VR Platform can be grouped into categories, such as education, entertainment, games, and shopping hubs. The Oasis City team will lead the development of early content for each hub, but as hub content grows, the platform can expand endlessly. In addition to the Oasis City team, individual developers, start-ups, and even employees of major companies who hail from a variety of industry sectors, can combine blockchain and VR in the Oasis City VR platform to freely create content and generate profit. Adding transparency when distributing profit is possible as well. Moreover, users are rewarded while enjoying the content on this new VR platform. Every economic function within Oasis City is based on a billing economy system utilizing the blockchain. Ownership for the asset – acquired through content development participation and payment transparency – is guaranteed through distributed ledger technology and smart contracts. The Oasis City Coin (OSC) is the currency within Oasis City and can be used for all economic activities that utilize the platform and its billing economy system. The user can choose their desired avatar when first logging on and the avatar will be generated through ERC-721 Protocol, a non-fungible token, or “NFT”. Other than that, a variety of assets, such as game items, are created based on NFT. NFT is a special form of token. Each token is original and cannot be replaced by another.
Token Status and Distribution
A total of 12 billion OSC will be issued. 30% of the token is allocated for synchronization and other costs with partner developing companies. 5% is allocated for companies who are contributing to the Oasis City ecosystem and service support costs for users. 10% is allocated for core team software developers and 6% are for other contributors and advisors exerting their effort for the success of Oasis City. The other 4% is a reserve fund to manage liquidity of OSC. If there are no additional costs and liquidity issues, it will either be locked up or dissolved.